(RealShareOrange County convenes at the Hyatt Regency, Irvine,August 16.)
COSTA MESA, CA-Locally based Talonvest CapitalInc., a boutique commercial real estate advisor servingclients throughout the US, has closed $35.29 million in permanentfinancing on two separate portfolios. ZeuneConstruction & Development hired Talonvest to astructure a loan totaling 97% of the discounted pay off of theprior mortgage debt. In a second assignment,Morningstar Properties and their venture partnerHarrison Street Real Estate Capital selectedTalonvest to represent them for their refinance of a360,000-square-foot, seven property self storageportfolio.
In the first deal, the 435,000-square-foot portfolio consistedof self storage facilities in the Southeastern and MidwesternUS. Funding of the refinance loan was complicated because theformer lender was in receivership. Kim Zeune,managing member of the borrowing entity, noted that Talonvest“succeeded in overcoming the hurdles involved in closing our loan,”in a prepared statement. “Their diligence, tenacity, and hardwork made the difference.” The non-recourse financing had a10-year term and 30-year amortization.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
